Ethereum Foundation pitches ETH network as public infrastructure in new guidelines

The Ethereum Foundation (EF) has positioned its network as a neutral public cryptocurrency infrastructure suitable for identity verification and public record management, according to a recent policy guideline report cited by CoinDesk. The report argues that traditional services relying on centralized institutions are highly vulnerable to cyberattacks and political pressure. In contrast, the EF highlighted that the Ethereum network has never been interrupted since its 2015 launch and is supported by the economic security of $76 billion in staked assets. The foundation also noted that several governments, including those in Bhutan, Buenos Aires, and India, are already testing Ethereum. The report advises politicians to clearly distinguish between decentralized public chains and networks controlled by specific companies.